Just wondering if anyone knows of any good sources for learning how to use ableton live for live purposes. I know it can be used for production as well but I'm not too interested in using it for that purpose

What do you want to do: Play your own music live, play other people's music live, play live instruments (improv-style live set), use it in a band setting with other people? For the live aspect of Live, Session view is very straightforward & it's really just a matter of thinking about what you want to achieve and then building it. But it would help to know what you want to achieve / how you want to use it.

I hope to use it for triggering electronic elements and drums and then being able to record live bass and guitar loops into the mix

If you don't need to sync it to anything else - then it should be pretty straightforward to get that set-up. I take it you've got Live and played around with Session View? You got a midi controller like a Launchpad / APC?

My lazy ass hasn't put together the tutorial I want to about this very thing but I have seen a couple of videos with people doing this very thing. The magic ingredient? Footswitch.

I saw a video long ago with a beatboxer using it. He just had a mic and was recording loops to layer over each other. Fottswitch, laptop and Live. Still another video I saw was a saxophonist who had tracks set up in Live and then played over them. Very avant-garde jazz stuff. Same setup with a footswitch and laptop.

Honestly, it's quite easy to do what you have described. If you've ever worked with a looper pedal you'd almost be doing something similar.

I could send you a PM describing the setup I have used in the past.

(Actually, I can't post links here so I'ma PM you with om links that might help.)